"Menaces to Oceans: CO2, Plastic Bags, Overfishing"

"The world's seas are filled with too much garbage and too few fish with flimsy plastic bags and government subsidies bearing much of the blame, activists and trade officials said Monday on the first U.N. World Oceans Day.

The World Trade Organization's director-general, Pascal Lamy, used the occasion to note that some species are at risk of extinction from overfishing, and government subsidies bear some of the blame.

'Governments have contributed to this problem by providing nearly $16 billion annually in subsidies to the fisheries sector,' Lamy said. 'This support keeps more boats on the water and fewer fish in the sea.

He said WTO members are now negotiating to reform subsidies programs to make fishing a sustainable industry."

Deborah Zabarenko reports for Reuters June 9, 2009.